tariffs Archives

New-Vehicle Inventory Returns to Pre-Tariff levels As EV Sales Accelerate and Incentives Rise 08/14/2025 In a notable development, new-vehicle inventory has declined by 1% over the last month, yet it has returned to levels comparable to those before the tariff announcements on March 26. This indicates that automakers are exercising discipline in production, while electric vehicle (EV) sales are thriving as buyers respond to EV tax credits set to expire on Sept. 30, according to Cox Automotive’s analysis of vAuto… Read Article

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Kelley Blue Book Report: New-Vehicle Prices Trend Higher, as Higher Costs Hit Automakers, 2026 Model Year Product Arrives 08/11/2025 New-vehicle prices in July remained largely unchanged from June, with only a slight decline month over month as incentive spending accelerated and fueled strong sales volumes. According to new estimates from Kelley Blue Book, however, annual gains in new-vehicle average transaction prices (ATPs) and manufacturer’s suggested retail prices (MSRPs) – two key measures of vehicle price increases in the U.S. – are accelerating but remain below… Read Article

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Kelley Blue Book Report: New-Vehicle Prices Trend Higher, as Higher Costs Hit Automakers, 2026 Model Year Product Arrives 08/11/2025 New-vehicle prices in July remained largely unchanged from June, with only a slight decline month over month as incentive spending accelerated and fueled strong sales volumes. According to new estimates from Kelley Blue Book, however, annual gains in new-vehicle average transaction prices (ATPs) and manufacturer’s suggested retail prices (MSRPs) – two key measures of vehicle price increases in the U.S. – are accelerating but remain below… Read Article

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The Trump Tariff Stance Has Shifted. Where Are We Now? 08/05/2025 It’s been four months since President Trump announced his administration’s new tariff plans for the auto market, and the impacts are already being felt far and wide. As we’ve noted, the automotive industry is highly globalized, with nearly half of the vehicles sold in the U.S. manufactured outside of the U.S. The most challenging aspect of this tariff cycle has been the constant, on-again-off-again nature of… Read Article

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Cox Automotive Forecast: New-Vehicle Sales Return to a Slower Pace in July, With Little Upside Expected in Second Half 07/28/2025 Updated, Aug. 4, 2025 – July new-vehicle sales finished stronger than expected and beat the Cox Automotive forecast. Sales volume last month was higher year over year by 6.6% percent, helped in part by a good month for fleet sales, which are estimated to have increased more than 8% over July 2024. Cox Automotive had been expecting an overall sales increase in July, but the volume… Read Article

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Kelley Blue Book Report: New-Vehicle Costs Rise in June, Outpacing Transaction Prices as Sales Slow, Incentives Tick Up 07/14/2025 The cost of a new vehicle climbed higher in June, according to data released today by Kelley Blue Book, a Cox Automotive brand, but the average transaction price (ATP) increase was relatively mild and below the long-term average. New-vehicle sales incentives held mostly steady last month, increasing only modestly from May. The sales pace in June was little changed from the previous month, and inventory climbed… Read Article

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New-Vehicle Inventory Grows as Sales Flatten, Tariff Impact Still Minimal 07/10/2025 Everyone is hunting for clear evidence of higher prices on new vehicles driven by tariffs, and yet, the story just hasn’t materialized. Automakers continue to hold their fire on raising the manufacturer’s suggested retail prices (MSRPs) significantly as demand remains tepid and policy has yet to be solidified. New-vehicle inventory has started to grow as next-model-year vehicles (MY2026) begin to show up on dealer lots, although… Read Article

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Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility 07/08/2025 ATLANTA, July 8, 2025 – Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, as non-seasonally adjusted values fell more than usual following the volatility… Read Article

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Cox Automotive Forecast: New-Vehicle Sales in June Slow from Accelerated Spring Pace; Second Quarter Sales to Finish Higher Year Over Year, As Large Automakers Gain Share 06/25/2025 Updated, July 2, 2025 – In the first half of 2025, the new-vehicle market showed strong momentum, with sales significantly outpacing last year. Preliminary estimates indicate that new-vehicle sales in June closely aligned with the Cox Automotive forecast, as the final month of the first half marked sales of 1.25 million units and a seasonally adjusted annual rate (SAAR) of vehicle sales at 15.3 million. This… Read Article

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New-Vehicle Sales Normalize, Dealers Manage Leaner Lots Amid Tariff Uncertainty 06/12/2025 Despite news headlines suggesting the auto market would see more tariff-price increases by now, the new-vehicle market has largely remained stable. After hitting a peak in sales pace in April, the new-vehicle market has continued to slow from there. The market has returned to seasonal norms, including a typical bump in sales over the Memorial Day weekend. New-vehicle inventory has continued to decline as well, albeit at… Read Article

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